Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
PIMCO New York Municipalome Fund IIPNI -0.60%32 Return-on-Tangible-Equity is 7.45% as of Jun. 2026, which is 96% above its 10-year median of 3.80. GuruFocus rates PNI with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 1,576 Asset Management companies, PIMCO New York Municipalome Fund II ranks better than 59.84% on this metric.
The historical rank and industry rank for PIMCO New York Municipalome Fund II's Return-on-Tangible-Equity or its related term are showing as below:
PNI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -105.75 Med: 3.8 Max: 10.51
Current: 10.51
During the past 9 years, PIMCO New York Municipalome Fund II's highest Return-on-Tangible-Equity was 10.51%. The lowest was -105.75%. And the median was 3.80%.
PNI's Return-on-Tangible-Equity is ranked better than 59.84% of 1576
companies
in the Asset Management industry
Industry Median: 7.465
vs PNI: 10.51
PIMCO New York Municipalome Fund II (NYSE:PNI) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
PIMCO New York Municipalome Fund II Return-on-Tangible-Equity Related Terms
PIMCO New York Municipalome Fund II Return-on-Tangible-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PIMCO New York Municipalome Fund II Return-on-Tangible-Equity Chart
PNI vs EEA, GDO, GLV: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, PIMCO New York Municipalome Fund II's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PIMCO New York Municipalome Fund II Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PIMCO New York Municipalome Fund II's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PIMCO New York Municipalome Fund II's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.45% mean?
PIMCO New York Municipalome Fund II (PNI) has a Return-on-Tangible-Equity of 7.45% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PIMCO New York Municipalome Fund II and its competitors. This is 96% above median its historical median of 3.80. According to the industry distribution chart, PIMCO New York Municipalome Fund II ranks #633 out of 1576 companies in the Asset Management industry, placing it in the top 40.2%.
Is PIMCO New York Municipalome Fund II's Return-on-Tangible-Equity too high?
PIMCO New York Municipalome Fund II's current Return-on-Tangible-Equity of 7.45% is 96% above median its 10-year median of 3.80. The Asset Management industry median Return-on-Tangible-Equity is 7.47. PIMCO New York Municipalome Fund II's value of 7.45% is 0.2% below this industry median. Based on the distribution chart, PIMCO New York Municipalome Fund II ranks #633 out of 1576 companies in the Asset Management industry, which is above the industry midpoint. Overall, PIMCO New York Municipalome Fund II has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does PIMCO New York Municipalome Fund II's Return-on-Tangible-Equity compare to EEA and GDO?
According to the Asset Management industry distribution chart, PIMCO New York Municipalome Fund II ranks #633 out of 1576 companies for Return-on-Tangible-Equity. This puts PIMCO New York Municipalome Fund II in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.47. PIMCO New York Municipalome Fund II's value of 7.45% is 0.2% below this benchmark. While the company's 10-year median is 3.80 vs. the industry median of 7.47, PIMCO New York Municipalome Fund II has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.47, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PIMCO New York Municipalome Fund II's current Return-on-Tangible-Equity of 7.45% is 0.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PIMCO New York Municipalome Fund II and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PIMCO New York Municipalome Fund II's current Return-on-Tangible-Equity is 7.45%, which is 96% above median its own 10-year median of 3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PIMCO New York Municipalome Fund II stock overvalued right now?
PIMCO New York Municipalome Fund II (PNI) has a current Return-on-Tangible-Equity of 7.45%. The current Return-on-Tangible-Equity is 7.45%, which is 96% above median its 10-year median of 3.80 and 0.2% below the Asset Management industry median of 7.47. PIMCO New York Municipalome Fund II's overall GF Score™ is 32/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For PIMCO New York Municipalome Fund II (PNI), the current Return-on-Tangible-Equity is 7.45% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
PIMCO New York Municipal Income Fund II is a closed-end management investment company. Its investment objective is to seek to provide current income exempt from federal, New York State, and New York City income tax. The fund's portfolio comprises investments across sectors such as education, transportation, healthcare, and others.
32GF Score
Get the complete analysis for PNI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PNI has been successfully added to your 
